Elon Musk And Tesla Have Reached New Heights This Year

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Elon Musk is known by everyone. He is the man behind popular companies like Tesla and Space X. Recently, he has also invested in solar power equipment. With things like these coming forth, he is surely becoming successful day by day. As of now, Elon Musk is the world’s 2nd richest man, which is quite amazing. Only Jeff Besos, the Amazon founder is ahead of him.

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On 18th December, Friday this year, Elon Musk hit another peak in his career. His fortune has now maintained another high as he has added a whopping $139.7 billion to it. This is what has made him the 2nd richest person on earth. While it is quite clear that he has nowhere to lose money, he keeps gaining and seeks to dethrone Jeff Besos. For now, Besos tops with around 187.3 USD in his net worth. 

Tesla Bulls Double Down as Stock Reaches New Heights - WSJ
Wall Street Journal

More About Elon Musk And His Fortune :

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For now, Tesla’s shares have peaked more than any other shares at a percentage of around 731%. This is just amazing with each share worth around $695. They have gained more recently on hopes that inclusion in the S&P 500 would spur a new buying round. Since inclusion was revealed in November, the inventory has risen 70 percent. This had made Elon Musk gain 139.7 USD alone this year.

Taking into account some other electric car companies, Tesla has enjoyed the most success. Its success is crossing new boundaries each day and this year is a valid example of that. It is clear that the company will be achieving more in the coming future. With such a huge success, it is quite clear that he will be surpassing Jeff Besos in no time. But, for now, Besos is still on top. We have to wait and see how the solar power deal strikes out, ie, if it would add another great chunk of money into his fortune.

Tesla Inc. is now preparing to enter the S&P 500 Index. It is a stock market index that measures the performance of 500 large companies listed in the United States Of America on stock exchanges. It is one of the stock indexes most widely followed and Tesla’s inclusion in this is no secret. This sudden surge in the shares shows major improvement and hence, we can say that indeed Elon Musk is having a good time and there’s no stopping him now.

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Parth Dubey
Parth Dubey
I am Parth Dubey, currently an undergraduate. I have been working as a content writer for the past 6 months and have worked in various fields with many people and firms. I firmly believe that writing is not just about money making or attracting people, it's more about knowledge and information, along with feelings.

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